1627 Rasho Road Traverse City, MI ^$ 849,000

1627 Rasho Road

^$ 849,000

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1627 Rasho Road

Traverse City, MI, 49696

^$ 849,000

Studio Baths0.0

Monthly Estimate*

^$ 5,227

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Studio

Multi-Family Home for sale in Traverse City, MI

for $849,000. This home was built in 1980 on a lot size of 1.1.

Updated 4-unit property on the east side of Traverse City near Timber Ridge. 1627 Rasho Rd features three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with shared front/rear entry and common laundry. Major 2023/2024 improvements include new flooring, countertops, appliances, lighting, paint, HVAC units, 3 new water heaters, exterior paint, and a new roof in February 2024. Detached 5-stall garage, adjacent deck area, and large lawn bordering woods. Gross monthly income of $6,814 includes rent, pet rent, and trash fees.

Multi-Family Active

Price

^$ 849,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

1.1

Year Built

1980

Town/City

Traverse City

County/Region

Grand Traverse

MLS | Web ID

80067260

Features

General

Heating Forced Air

Possession At Close

Water Private Well

Appliances Dishwasher Dryer Microwave Range/Oven Refrigerator Washer

Status Active Active

Year Built 1980

Subdivision 1627 Rasho Rd MI

County Grand Traverse

Class MULTIFAMILY

Type Multi-Family

Ownership Private

Municipality East Bay Twp

Section 27

Zoning Multi-Family Residential

Sale/Rent For Sale

Status Detail 0

Utilities Cable Available

Structure Style 2 Story

Area East Bay Twp (28003)

Primary City Traverse City

Directions Hammond to Rasho to 1627

City Traverse City

School District Traverse City Area Public School

Financial Terms Cash

Legal Description LOT 1 EARLINGTON HILLS

DOM 4

Postal Code 49696

Public Remarks Updated 4-unit property on the east side of Traverse City near Timber Ridge. 1627 Rasho Rd features three 2-bedroom 1-bath units and one 1-bedroom 1-bath unit

Interior

Basement Full Wood

Total Number of Units 4

Fuel Type Natural Gas

Exterior

Exterior Amenities Deck

Lot Size Area 1.1

Lot Dimensions 176.7x271.80

Water Features None

Waterfront Y/N No

* Excluded Features

List By

Troy Daily

Listing Agent

Remax Bayshore - Union St Tc

Broker

Troy@adventurehomestc.com

Affordability Calculator

$5,227

Per Month

Monthly Principal & Interest: $5,227
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Traverse City, MI

Average List Price ^$639,725

Percent of Sale Price 25%

About Traverse City, MI

15,817 Population

7% Since 2002

^$49,237 Median Income

41.86 Median Age

21% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3769590 Elementary School

3769595 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2026	$849,000		Listed Price

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1627 Rasho Road, Traverse City, MI, 49696 is a Multi-Family Home for sale at $849,000 with a lot size of 1.1. 1627 Rasho Road is a studio with 0.0 baths and was built in 1980. The property's zip code is 49696 which is in Traverse City, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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1627 Rasho Road

Multi-Family Home for sale in Traverse City, MI

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